Littlejohn Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Littlejohn has acquired 6 companies. It has also invested in 3 others.

Littlejohn’s most common sectors for investment aredistribution (10%) and consumer products (8%) . The Firm’s most common investment types include secondary buyout (44%) and buyout (lbo, mbo, mbi) (24%). In total, Littlejohn has invested in 23 US states and 4 different countries. Its largest (disclosed) acquisition occurred in 2019 when it acquired Kaman Industrial Technologies for $700M.

In the last 3 years, Littlejohn has exited 8 companies. The Firm’s most common exit type is trade sale (43%). Littlejohn’s largest (disclosed) exit occurred in 2021 when it sold Interior Logic Group for $1.6B.

Join Mergr to view Littlejohn’s full profile and discover more mega-sized private equity firm investors just like it.

M&A Summary

  • M&A Total Activity109
    • M&A Buy Activity64
    • M&A Sell Activity45
  • Total Sectors Invested 28
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 37
  • M&A Advisors 19

Littlejohn

Littlejohn & co.

8 Sound Shore Drive, Suite 303,
Greenwich, Connecticut 06830
United States
(203) 552-3500
www.littlejohnllc.com
info@littlejohnllc.com

Littlejohn is a private equity firm that makes control investments in mid-sized companies undergoing change; either in capital structure, strategy, operations, or growth. Littlejohn looks to commit $50 to $250 million of equity, mezzanine, or credit capital in companies with annual revenues of $100 to $800 million. Sectors of interest include industrial equipment, packaging, chemicals, automotive and transportation parts and equipment, food and food processing, healthcare, plastics, aerospace/defense, distribution, environmental and infrastructure services, and consumer products. The Firm avoids investing in real estate, fashion, retail, and businesses engaged in high technology. Littlejohn prefers opportunities located in the US, but also considers opportunities in Europe and Canada. Littlejohn was formed in 1996 and is based in Greenwich, Connecticut.


Investment Criteria

Sectors of Interest: Aerospace, Apparel/Textiles, Automotive, Beverages, Building Materials, Business Services, Chemicals, Consumer Products, Defense, Distribution, Electrical Equipment, Engineering, Environmental, Food, Forest Products, Healthcare Services, Information Technology, Internet Software and Services, Machinery, Manufacturing, Marine, Metals/Mining, Packaging, Plastics, Renewable Energy, Retail, Technology Hardware, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Growth Capital, Recapitalization, Special Situations/Distressed, Secondary Buyout, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue 100 800
Target EBITDA - -
Investment Size 50 250
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (2.2/yr) # 53 2 3 5 1 - 64
vol $1.3B $1.3B
Sell (2.0/yr) # 35 2 5 1 1 1 45
vol $2.8B $4.2B $7.0B
  109

Most Recent M&A

Company Date Value Type
Dana Kepner Company LLC 2024-01-30 - Trade Sale
Denver, Colorado · www.danakepner.com
The Cook & Boardman Group LLC 2023-09-29 - Secondary Sale
Winston-Salem, North Carolina · www.cookandboardman.com
Ardurra Group LLC 2023-02-01 - Secondary Buyout
Tampa, Florida · www.ardurra.com
Lipari Foods LLC 2022-10-31 - Secondary Buyout
Warren, Michigan · www.liparifoods.com
The Hiller Companies, Inc. 2022-09-20 - Growth Capital
Mobile, Alabama · www.hillercompanies.com
Tidel Engineering LP 2022-02-01 - Trade Sale
Carrollton, Texas · www.tidel.com
Great Day Improvements LLC 2022-01-31 - Growth Capital
Macedonia, Ohio · www.greatdayimprovements.com
Alto Healthcare Staffing 2022-01-10 - Buyout (LBO, MBO, MBI)
Dayton, Ohio · www.altostaffing.com
Magnate Worldwide 2022-01-03 - Secondary Buyout
Portland, Oregon · www.magnateworldwide.com
Kaman Industrial Technologies Corp. 2021-12-16 1.3B USD Trade Sale
Bloomfield, Connecticut · ec.kamandirect.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Interstate Waste Services, Inc. 2020-01-21 Oak Ridge Waste & Recycling LLC 2024-02-12 4
Teaneck, New Jersey · www.interstatewaste.com Danbury, Connecticut · www.oakridgewaste.com
Interstate Waste Services, Inc. 2020-01-21 Solterra Recycling Solutions 2022-05-10 3
Teaneck, New Jersey · www.interstatewaste.com Old Bridge, New Jersey · www.solterrarecycling.com
Brown Jordan International, Inc. 2016-12-19 Pride Family Brands, Inc. 2019-06-05 2
St. Augustine, Florida · www.bji.com Hollywood, Florida · www.pridefamilybrands.com
PlayPower, Inc. 2015-05-18 Playtime LLC 2018-08-01 2
Huntersville, North Carolina · www.playpower.com Englewood, Colorado · www.playtime.com

M&A by Sector

Sector Current # Value All-time # Value
Distribution 1 (5%) - 6 (9%) 700M (52%)
Consumer Products 1 (5%) - 5 (8%) 184M (14%)
Automotive - - 4 (6%) -
Building Materials 1 (5%) - 4 (6%) -
Environmental 2 (10%) - 4 (6%) -
Information Technology 1 (5%) - 4 (6%) -
Business Services 2 (10%) - 3 (5%) -
Machinery 1 (5%) - 3 (5%) -
Staffing 3 (14%) - 3 (5%) -
Transportation 1 (5%) - 3 (5%) -
Apparel/Textiles 1 (5%) - 2 (3%) -
Chemicals 1 (5%) - 2 (3%) -
Construction - - 2 (3%) -
Electrical Equipment - - 2 (3%) -
Engineering 1 (5%) - 2 (3%) -
Safety/Security 2 (10%) - 2 (3%) -
Technology Hardware - - 2 (3%) -
Retail - - 1 (2%) 456M (34%)
Aerospace - - 1 (2%) -
Energy Services and Equipment 1 (5%) - 1 (2%) -
Financial Services 1 (5%) - 1 (2%) -
Food - - 1 (2%) -
Forest Products - - 1 (2%) -
Furniture 1 (5%) - 1 (2%) -
Healthcare Services - - 1 (2%) -
Internet Software and Services - - 1 (2%) -
Marine - - 1 (2%) -
Metals/Mining - - 1 (2%) -
Total 21 - 64 $1.3B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 21 (100%) - 60 (94%) 884M (66%)
  Texas 5 (24%) - 10 (16%) -
  Ohio 3 (14%) - 7 (11%) -
  Pennsylvania 1 (5%) - 5 (8%) -
  New York 2 (10%) - 4 (6%) 184M (14%)
  North Carolina 1 (5%) - 4 (6%) -
  California - - 4 (6%) -
  New Jersey 1 (5%) - 3 (5%) -
  Illinois - - 3 (5%) -
  Florida 2 (10%) - 2 (3%) -
  Oregon 1 (5%) - 2 (3%) -
  Michigan 1 (5%) - 2 (3%) -
  Massachusetts 1 (5%) - 2 (3%) -
  Georgia - - 2 (3%) -
  Alabama 1 (5%) - 1 (2%) -
  Oklahoma 1 (5%) - 1 (2%) -
  Louisiana 1 (5%) - 1 (2%) -
  Connecticut - - 1 (2%) 700M (52%)
  Colorado - - 1 (2%) -
  Wisconsin - - 1 (2%) -
  Tennessee - - 1 (2%) -
  Mississippi - - 1 (2%) -
  Maryland - - 1 (2%) -
  Idaho - - 1 (2%) -
France - - 2 (3%) -
Canada - - 1 (2%) 456M (34%)
  Quebec - - 1 (2%) 456M (34%)
China - - 1 (2%) -
Domestic 21 (100%) - 60 (94%) 884M (66%)
Cross-border - - 4 (6%) 456M (34%)
Total 21 - 64 $1.3B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Secondary Buyout 13 (62%) - 28 (44%) -
Buyout (LBO, MBO, MBI) 3 (14%) - 15 (23%) -
Recapitalization 1 (5%) - 8 (13%) -
Divestiture - - 4 (6%) 700M (52%)
Growth Capital 4 (19%) - 4 (6%) -
Going Private - - 2 (3%) 456M (34%)
Special Situations/Distressed - - 2 (3%) 184M (14%)
Stake Purchase - - 1 (2%) -
Total 21 - 64 $1.3B

Exits by Deal Type

Type Total # Value
Secondary Sale 16 (36%) 2.5B (35%)
Trade Sale - Public Company 12 (27%) 3.2B (46%)
Trade Sale 9 (20%) 1.3B (19%)
Merger 4 (9%) -
Bankruptcy 3 (7%) -
IPO 1 (2%) -
Total 45 $7.0B

Top M&A Advisors

Financial Deals
Morgan Stanley
3
Moelis & Co.
3
Harris Williams & Co.
3
Legal Deals
Gibson, Dunn & Crutcher
11
Troutman Pepper Hamilton Sanders
6
Morrison Cohen LLP
4

Deal Values

buy # Total
$100M to $1B 3 $1.3B
TOTAL $1.3B
Largest Kaman Industrial Technologies Corp.
$700M (2019-06-26)
sell # Total
> $1B 3 $4.2B
$100M to $1B 7 $2.8B
TOTAL $7.0B
Largest Interior Logic Group, Inc.
$1.6B (2021-02-01)

M&A Connections

Deals
Acquired from
Investor(s)
52%
33 (52%)
Strategic(s)
8%
5 (8%)
Exited to
Investor(s)
33%
15 (33%)
Strategic(s)
49%
22 (49%)

FAQ

When was Littlejohn founded?

Littlejohn was founded in 1996.

What type of investor is Littlejohn?

Littlejohn is a private equity firm.

Where is Littlejohn headquartered?

Littlejohn is headquartered in Greenwich, Connecticut.

How much capital does Littlejohn have under management?

Littlejohn has 7.8B USD under management.

 Subscribe to unlock this and 199,587
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 190K M&A Transactions
  • 195K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.